Payden & Rygel Trims Holdings in iShares S&P 500 Growth ETF (IVW)

Payden & Rygel reduced its position in shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 5.8% during the 1st quarter, HoldingsChannel.com reports. The firm owned 97,969 shares of the company’s stock after selling 6,070 shares during the period. Payden & Rygel’s holdings in iShares S&P 500 Growth ETF were worth $16,886,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IVW. Ellis Investment Partners LLC increased its holdings in shares of iShares S&P 500 Growth ETF by 17,384.5% in the 1st quarter. Ellis Investment Partners LLC now owns 2,927,087 shares of the company’s stock valued at $2,927,000 after acquiring an additional 2,910,346 shares during the period. PNC Financial Services Group Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 56.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,679,058 shares of the company’s stock valued at $403,654,000 after acquiring an additional 971,693 shares during the period. Advisor Group Inc. increased its holdings in shares of iShares S&P 500 Growth ETF by 40.5% in the 4th quarter. Advisor Group Inc. now owns 1,060,431 shares of the company’s stock valued at $159,866,000 after acquiring an additional 305,710 shares during the period. Parker Investment Management LLC grew its stake in iShares S&P 500 Growth ETF by 235.4% during the 1st quarter. Parker Investment Management LLC now owns 409,234 shares of the company’s stock worth $70,536,000 after buying an additional 287,206 shares during the last quarter. Finally, BlackRock Inc. grew its stake in iShares S&P 500 Growth ETF by 17.6% during the 4th quarter. BlackRock Inc. now owns 1,386,720 shares of the company’s stock worth $208,937,000 after buying an additional 207,272 shares during the last quarter.

Shares of IVW stock opened at $175.41 on Monday. iShares S&P 500 Growth ETF has a 1-year low of $140.49 and a 1-year high of $179.53.

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iShares S&P 500 Growth ETF Company Profile

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.

See Also: Cost of Debt

Want to see what other hedge funds are holding IVW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares S&P 500 Growth ETF (NYSEARCA:IVW).

Institutional Ownership by Quarter for iShares S&P 500 Growth ETF (NYSEARCA:IVW)

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